Siemens, one of Germany’s largest manufacturing company,unveiled on Thursday plans to open a technology center in Ethiopia.
The Company’s CEO, Joe Kaeser, disclosed the plan during a meeting with Getahun Mekuria, Ethiopia’s Innovation and Technology Minister, in Addis Ababa, Ethiopia.
Based on a report from state media, his visit to Ethiopia came after the Ethiopian government requested Economic Delegates from Germany to build a technology center in Ethiopia.
If it happens, it is going to the second Deutschland investment interest in Ethiopia.
Towards the end of January this year, German automaker Volkswagen signed a memorandum of understanding with Ethiopian authorities about is intended investment plan in Ethiopia in the Presence of German President Frank-Walter Steinmeier who was on official visit to Ethiopia.
Join the conversation. Like borkena on Facebook and get Ethiopian News updates regularly. As well, you may get Ethiopia News by following us on twitter @zborkena